Monday, March 31, 2008

Bet UK CPI has miraculously dropped, as House Prices added to basket

Europe Inflation Accelerates to 3.5%, Sentiment Drops

"European inflation accelerated to the fastest pace in almost 16 years, making it harder for the European Central Bank to cut interest rates as a global credit squeeze saps confidence among executives and consumers." ...change all references to the Europe to the UK and we might have a BoE worth its remit, but instead we have a weak VI infected parody of an independent organisation. Goodbye Sterling it was nice knowing you........hello inflation/ staglflation/ deflation/ hyperinflation etc.etc.etc.

Posted by bystander @ 12:44 PM (89 views)
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